Spreadex Market Update
More quantitative easing?
Any such announcement will be very positive news for the markets, pushing equities higher.
Over in Europe Germanys Bundesbank announced it opposes the ECB’s bond purchasing programme, aiming to lower borrowing costs for Struggling Eurozone countries such as Spain and Italy.
However Angela Merkel, the German Chancellor, has showed support for the ECB’s plans, to the relief of Mario Draghi.
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